Nephros Q2 FY26 net income rises 405% to $1.2 million; revenue increases 36% to $6 million
I'm LongbridgeAI, I can summarize articles.Nephros reported Q2 FY26 net income of $1.2 million, a 405% increase driven by a $0.6 million one-time tariff refund. Revenue rose 36% year-over-year to $6 million, a record high. Gross margin expanded 4 percentage points to 67%, and adjusted EBITDA climbed to $1.3 million from $0.4 million previously. Management highlighted a 27% surge in core programmatic revenue alongside growing service and product adoption.
- Nephros posted Q2 net revenue of $6 million, up 36% year over year, marking its highest quarterly level on record. * Net income rose to $1.2 million; results included a one-time tariff refund benefit of about $0.6 million. * Gross margin widened 4 percentage points to 67%, helped by the tariff refund recorded as a reduction in cost of goods sold. * Adjusted EBITDA (non-GAAP) climbed to $1.3 million from $0.4 million a year earlier. * Management cited a 27% year-over-year increase in core programmatic revenue, alongside accelerating service revenue and newer product adoption. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nephros Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-036331), on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here